economic considerations involved whether to transition into a digital format with our portable x-ray machines by performing transformation upgrades to both existing analog units or to trade them in and use their value to offset the total price incurred by the purchase of new units. Value Considerations Current Value of analog systems: Flat value: $12‚000 ea Intrinsic value: Exams (units)/day: 8.5 Average revenue/unit: $65.00 $553/day X 365 = $201845/year Cost Consideration #1: The
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hand is whether Mary‚ through a contract with Mr. Shifty‚ Dream Works Picture’s Vice President of Production‚ is entitled to compensation. (Rule) By meeting the standards of the six elements an agreement‚ consisting of an offer and acceptance; consideration; capacity; legal purpose; genuine assent; and writing‚ if any. Mary Asher has a valid‚ contract with Mr. Shifty‚ a representative of Dream Works Pictures. Agreement‚ the first of the six relevant elements‚ is a meeting of two or more minds in
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to be enforced‚ there was no way to check the conditions were met‚ you cannot contract with everybody and the timeframe was not specified. Also the acceptance had not been communicated to the offeror. And the last argument was that there was no consideration: nudum pactum. The plaintiff’s argument was that she just followed the constructions. The advertisement was also an offer were under an obligation to fulfil because it was published so it would be read and abided. The promise was also not vague
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spoken or written and is enforceable by the law. For the contract to be valid and binding‚ several elements must exist. Execution‚ mutual promises‚ parties‚ and terms of performance are the factors that must exist. There also must be an offer‚ consideration‚ acceptance‚ and mutuality for a contract to remain legally binding and helpful on instances of any breach (Burton 2009). The most important part of the contract is closing the deal. The point of the actual sale of the blue four-door sedan‚ which
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According to Harold Koontz‚ “leadership is defined as an art or process of influencing people so that they strive willingly and enthusiastically towards attainment of group goals”. According to Yukl (1994)‚ “leadership is a process which one member of a group influences other group members towards attainment of specific group goals”. Thus‚ leadership is a process of influencing the behavior of people by making them strive voluntarily towards achievement of organizational goals. The above definition
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Business Advisory Service Legal responsibilities for business owners Advise for new business owners about: * Legal status and risk involved * Contract Law * Consumer legislation Legal Status When starting up a business‚ one should decide which legal status to choose. Each legal status has its own different responsibilities and there are some risks involved. There are three types of legal status: sole trader‚ partnership and limited companies (Ltd & Plc). * Sole
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I ? ”. Sammy cannot recognize her own role in the world with no idea about what she likes and dislikes. Having no aim in her life‚ she don’t have any plans or schedules to follow but satisfies the demands of her parents without having thorough considerations. It seems that Sammy enters the state of “ Identity foreclosure ” in which she makes a decision prematurely before having a complete exploration or experiment with different roles (Marcia‚ 1980‚ cited in Pastorino & Portillo‚ 2012). The precocious
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methodology/methodological tool revision request initial assessment” form (CDM-AMIA-FORM) and IFG standard within 30 days of the deadline for submissions referred to in paragraph 49 above‚ to determine whether the submission qualifies for consideration by the relevant methodological panel or working group and the Board. 56. If‚ during the initial assessment‚ the secretariat identifies minor issues in the submission‚ it shall request the proponent to submit the missing or revised documents
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an offer to treat Australian Woollen Mills v Cth The offer must be in exchange for the other party’s consideration (quid pro quo). If it isn’t it is more likely a gratuitous promise Seppelt & Sons v Commissioner The use of the word “offer” is not conclusive Carlill v Carbolic An offer can be made to the whole world. Unilateral offers may require communication of the acceptance after the consideration Felthouse v Bindley Silence is not acceptance Empirnall Holdings v Machon Where an offeree‚ with a
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of Competition • Price improves financial performance • Price is one of marketing program considerations (www.examiner.com) 3c.2 Considerations when setting price There are some factors which are considered when a firm setting prices for its products Customers’ perspective: How the customer perceives the value of the product determines the maximum price customers will pay. Internal consideration: • Marketing objectives: marketing positioning‚ survival or current profit maximization influence
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